Golden Ten Data, August 18th, Changan Securities reported that the coal index (Changjiang) pump1.96% this week, outperforming the Shanghai and Shenzhen 300 Index by 1.54 percentage points, ranking 5th out of 32 in the industry. In terms of the fundamentals of thermal coal, as of August 16th, the market price of Qinhuangdao thermal coal was 835 yuan/ton, a decrease of 9 yuan/ton compared to the previous week. Looking ahead, the current market is still in a weak supply and demand situation, and short-term coal prices may continue to follow a narrow Dalgalanma trend. In terms of the fundamentals of coking coal, as of August 16th, the main coking coal price at Jingtang Port was 1840 yuan/ton, a decrease of 20 yuan/ton compared to the previous week. Looking ahead, the range of losses in steel mills during the off-season is expanding, and market pressure continues to transmit upstream, with pessimistic sentiment persisting. There is still downward pressure on dual coking in the short term.
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长江证券：短期煤价或仍将延续窄幅Dalgalanma走势
Golden Ten Data, August 18th, Changan Securities reported that the coal index (Changjiang) pump1.96% this week, outperforming the Shanghai and Shenzhen 300 Index by 1.54 percentage points, ranking 5th out of 32 in the industry. In terms of the fundamentals of thermal coal, as of August 16th, the market price of Qinhuangdao thermal coal was 835 yuan/ton, a decrease of 9 yuan/ton compared to the previous week. Looking ahead, the current market is still in a weak supply and demand situation, and short-term coal prices may continue to follow a narrow Dalgalanma trend. In terms of the fundamentals of coking coal, as of August 16th, the main coking coal price at Jingtang Port was 1840 yuan/ton, a decrease of 20 yuan/ton compared to the previous week. Looking ahead, the range of losses in steel mills during the off-season is expanding, and market pressure continues to transmit upstream, with pessimistic sentiment persisting. There is still downward pressure on dual coking in the short term.